XML 43 R24.htm IDEA: XBRL DOCUMENT v3.22.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Dual presentation of basic and diluted earnings per share is presented in the Condensed Consolidated Statements of Earnings of PNMR. Information regarding the computation of earnings per share is as follows:

Three Months Ended
Six Months Ended
June 30,June 30,
2022202120222021
(In thousands, except per share amounts)
Net Earnings Attributable to PNMR$15,361 $53,709 $31,352 $71,288 
Average Number of Common Shares:
Outstanding during period
85,835 85,835 85,835 85,835 
    Vested awards of restricted stock
351 231 303 227 
Average Shares – Basic
86,186 86,066 86,138 86,062 
Dilutive Effect of Common Stock Equivalents:
Restricted stock40 41 60 40 
Average Shares – Diluted
86,226 86,107 86,198 86,102 
Net Earnings Per Share of Common Stock:
Basic$0.18 $0.62 $0.36 $0.83 
Diluted$0.18 $0.62 $0.36 $0.83